Chewy, Inc. (CHWY) Q1 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:04.957 Hello, everyone. Thank you for joining us and welcome to the Chewy First Quarter 2026 00:00:04.957 -- 00:00:10.003 Earnings Call. After today's prepared remarks, we will host a question and answer 00:00:10.003 -- 00:00:15.109 session. If you would like to ask a question, please press star one to raise your hand. 00:00:15.109 -- 00:00:18.493 To withdraw your question, press star one again. 00:00:18.493 -- 00:00:23.499 I will now hand the conference over to Lee Horowitz, Head of Investor 00:00:23.499 -- 00:00:28.863 Relations and Strategic Finance. Lee, please go ahead. 00:00:29.225 -- 00:00:33.731 Thank you for joining us on the call today to discuss our first quarter results for fiscal 00:00:33.731 -- 00:00:36.134 year-end 2026. 00:00:36.134 -- 00:00:42.342 Joining me today are Chewy's CEO, Sumit Singh, and CFO, Chris Depey. 00:00:42.342 -- 00:00:47.068 Our earnings release, which was filed with the SEC earlier today, has been posted to 00:00:47.068 -- 00:00:50.051 the investor relations section of our website. 00:00:50.051 -- 00:00:55.118 In addition to the earnings release, a presentation summarizing our results is also available 00:00:55.118 -- 00:00:58.460 on our website at investor.chewy.com. 00:00:59.684 -- 00:01:04.511 On our call today, we will be making forward-looking statements, including statements 00:01:04.511 -- 00:01:09.558 concerning CHOOS financial results and performance, industry trends, strategic 00:01:09.558 -- 00:01:15.106 initiatives, share repurchase program, and the environment in which we operate. 00:01:15.106 -- 00:01:19.633 Such statements are considered forward-looking statements under the Private Securities 00:01:19.633 -- 00:01:25.132 Litigation Reform Act of 1995. These statements involve certain ris...